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ASEAN

Factoring and leasing company seeks reduction in financing costs...

Factoring and leasing company, Siam Panich (SPL) expects to post revenue growth of 22% in 2003, with net interest spreads maintained at 5%, according to president Shatchawan Kiatgraigangwant. SPL posted revenues of 2.15 billion baht last year, up from 1.7...

Myanmar mired in worst financial crisis

Riot police are out in force in Yangon as the country's worst financial crisis continues to spiral out of control…


Industrial Finance Corporation of Thailand plans new lending to...

The Industrial Finance Corporation of Thailand (IFCT) is likely to become a commercial bank next year, focusing on long-term industrial…

#bank#investment#smes


Vietcombank gears up to be regional institution with SMEs...

The banking sector needs to embrace international safety systems within the next five years to ensure steady development of Vietnam's…


Central bank relaxes requirements for banks lending to SMES

The policy-making body of the Bangko Sentral ng Pilipinas is waiving the reporting requirements for banks making certain un-restructured loans…


ADB extends US$85m in export credits to SMEs

The Asian Development Bank (ADB) agreed to extend US$85m in export credits to Indonesian small- and medium-size enterprises (SMEs) on…

#ADB#bank#exporters


Plea to government for increased SME funds under existing...

The government has been asked by the Davao City Chamber of Commerce to increase available funds to the two existing…


SMEs are invited to tap potential of 1.3 billion...

Local entrepreneurs, and small- and medium-sized enterprises (SMEs) are invited to tap the 1.3 billion customers potential of the 57…


Banks channel fresh loans to SMEs

The Indonesian banking sector channelled some 30.7 trillion rupiah (US$3.3bn) in fresh loans to small- and medium-sized enterprises (SMEs) last…


SMEs targeted for development

Small- and medium-enterprises (SMEs) could generate 50% of the country's gross domestic product by 2006, up from 42%, if a…


Foreign investment in Myanmar drops in first three quarters...

Foreign investment in Myanmar dropped by 10.7 percent in the first three quarters of 2002 compared with the same period…

#investment#investments


Association of South East Asian Nations opens new investment...

Member states of the Association of South East Asian Nations (ASEAN) decided to accelerate the liberalization of their investment regimes…

#interest#investment#Paid

Brunei keen to invest more in Philippines, SMEs to...

Brunei is keen to invest more in the Philippines, as a means to further develop the Brunei Darussalam-Indonesia-Malaysia-Philippines East Asian…

#ADB#Asian Development Bank#bank

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